Tag: ether

What is Ethereum?

Ethereum is the second largest blockchain after Bitcoin. It’s the world’s programmable blockchain. It’s a decentralized blockchain platform that safely runs execution and verification application code which is called smart contracts. Smart contracts permit users to transact with each other without a trusted central authority. Ethereum is a permissionless, non-hierarchical network of computers (nodes) that […]

What is cryptocurrency and how does it work?

Cryptocurrency or simply crypto is referred to decentralized digital money which is based on blockchain technology. The most important and famous ones are Bitcoin and Ethereum and there are more than 5000 cryptocurrencies. Decentralized means that there is no central issuing or regulating authority and a system is applied to record transactions and issue new […]